Rating Agency To Lose Fair Disclosure Exemption

No later than 90 days after the enactment of the Accountability and Transparency in Rating Agencies Act of 2010, the Securities and Exchange Commission will revise Regulation FD (17 C.F.R. 243.100) to remove the exemption for rating agencies.  REG FD ensures a fair and level playing field for analysts.; no longer will the rating agencies have access to material, non-public and confidential information.

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